<p>I'm considering taking out some funds from my 401K - a loan to myself to pay down some consumer debt - which I know isn't considered in the FAFSA, but I DON'T know whether it's considered in the CSS Profile for Rice University (besides increasing cash flow and lowering interest payments, as far as my 401K goes, the 4.5% interest I'll "make" when I pay myself back might be better than what I would chance leaving all my funds in the market anyway). I don't know if that will successfully lower the assets that the Rice CSS Profile considers when calculating EFC.</p>
<p>Do you know - or do you have some thoughts or advice?
I'm lucky enough to consider my employment rather secure during the course of the loan.</p>